Download or read book Reform and the Non State Economy in China written by H. Lai and published by Springer. This book was released on 2006-11-27 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Built on rich data analyses, this book offers a fresh and in-depth explanation of how China's pro-reform leaders successfully launched controversial policies to promote private and foreign economic sectors, managed leadership conflict, and ensured reform in the provinces and rapid growth in the nation.

Download or read book The State Strikes Back written by Nicholas R. Lardy and published by Peterson Institute for International Economics. This book was released on 2019-01-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.

Download or read book The Chinese Economy in Crisis written by Xiaohu (Shawn) Wang and published by Routledge. This book was released on 2015-04-29 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of this work argue strongly that the decentralization that has taken place in China over the past two decades threatens to undermine the future of reform and perhaps even the state itself. They contend that reform has undermined state capacity in China, and that the state's fiscal revenues, as a percentage of GNP, have declined and will continue to decline into the foreseeable future, thereby weakening China's ability to mobilize resources for modernization.

Download or read book Unfinished Reforms in the Chinese Economy written by Jun Zhang and published by World Scientific. This book was released on 2013 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has quickly moved into a critical point in the sense that its past performance in economic growth and development has created so many unsolved problems, and for such problems to be addressed, a better understanding of these problems and a clear policy framework are required for policy makers to conduct reforms. Based on highOColevel empirical research on China''s economic development by each of the contributors, this edited book provides an in-depth and clear analysis of many of important issues facing China''s move to new phase of economic development and transformation, and discusses policy issues involved in further reforms.

Download or read book Political Economy of Reform in China written by Kai Kajitani and published by Springer Nature. This book was released on 2022-03-10 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains four research papers that clarify the issues behind China's rapid economic growth, using empirical studies. The book makes two distinctive points. First, it elucidates the unique economic development of China from a different perspective than the "state capitalism" theory, based on empirical research on the Chinese economy and politics with the cooperation of leading scholars. Second, the book paints a total picture of China through an interdisciplinary analysis of economics, politics, and history. Each chapter focuses on the political–economic context of China's rapid economic growth on the following basis. First, the authors analyze whether there is a clear difference in the labor distribution rate between state-owned and non-state-owned enterprises, using data from industrial enterprises. Second, they focus on Shenzhen as an innovation hub and examine sustainable innovation and its institutional context in China. Third, there is empirical clarification of questions by matching the databases of industrial enterprises and information on elected representatives of the Local People's Congress of Yangzhou City, Jiangsu Province. Finally, the authors focus on the competition by local governments to attract companies by auctioning land usage rights.

Download or read book China s Opening Society written by Zheng Yongnian and published by Routledge. This book was released on 2008-02-19 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite its recent rapid economic growth, China’s political system has remained resolutely authoritarian. However, an increasingly open economy is creating the infrastructure for an open society, with the rise of a non-state sector in which a private economy, non-governmental organizations (NGOs) and different forms of social forces are playing an increasingly powerful role in facilitating political change and promoting good governance. This book examines the development of the non-state sector and NGOs in China since the onset of reform in the late 1970s. It explores the major issues facing the non-state sector in China today, assesses the institutional barriers that are faced by its developing civil society, and compares China’s example with wider international experience. It shows how the ‘get-rich-quick’ ethos of the Deng Xiaoping and Jiang Zemin years, that prioritised rapid GDP growth above all else, has given way under the Jiantao Hu regime to a renewed concern with social reforms, in areas such as welfare, medical care, education, and public transportation. It demonstrates how this change has led to encouragement by the Hu government of the development of the non-state sector as a means to perform regulatory functions and to achieve effective provision of public and social services. It explores the tension between the government’s desire to keep the NGOs as "helping hands’ rather than as autonomous, independent organizations, and their ability to perform these roles successfully.

Download or read book How Reform Worked in China written by Yingyi Qian and published by MIT Press. This book was released on 2017-11-24 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally important. As China has transformed itself from a centrally planned economy to a market economy, economists have tried to understand and interpret the success of Chinese reform. As the Chinese economist Yingyi Qian explains, there are two schools of thought on Chinese reform: the “School of Universal Principles,” which ascribes China's successful reform to the workings of the free market, and the “School of Chinese Characteristics,” which holds that China's reform is successful precisely because it did not follow the economics of the market but instead relied on the government. In this book, Qian offers a third perspective, taking certain elements from each school of thought but emphasizing not why reform worked but how it did. Economics is a science, but economic reform is applied science and engineering. To a practitioner, it is more useful to find a feasible reform path than the theoretically best way. The key to understanding how reform has worked in China, Qian argues, is to consider the way reform designs respond to initial historical conditions and contemporary constraints. Qian examines the role of “transitional institutions”—not “best practice institutions” but “incentive-compatible institutions”—in Chinese reform; the dual-track approach to market liberalization; the ownership of firms, viewed both theoretically and empirically; government decentralization, offering and testing hypotheses about its link to local economic development; and the specific historical conditions of China's regional-based central planning.

Download or read book China in the New Millennium written by James A. Dorn and published by Cato Institute. This book was released on 1998 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is expected to become the world's largest economy in less than two decades. Whether it does so will depend on continued growth of the non-state sector and how well China adapts to global market forces. The essays in this volume consider the state of China's economic reforms, the institutional changes necessary for China to become a global economic power, and the interplay between market reforms and social development in China.

Download or read book China s Economy Into the New Century written by John Wong and published by World Scientific. This book was released on 2002 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last two decades of the 20th century, China stood out as the world''s star performer in economic growth, thanks to the market-oriented reform that started in 1978. At the turn of the century, the Chinese economy faces a series of challenges to sustain its growth and stability. The two-decade-long rapid growth has effectively strengthened China''s economic power and raised its people''s standard of living. It has also transformed China from a centrally planned command economy into a OC socialist market economyOCO, which operates increasingly in line with capitalist norms. Major structural problems, however, remain and are growing acute. Weakness in the fiscal system breeds rent seeking at the local level and causes tension in the state budget. The flawed financial institutions and the biased ownership structure continue to distort resource allocation and cause huge efficiency losses. Inter-provincial and inter-regional disparity is reaching a level that threatens national unity and social stability. As China joins the World Trade Organization and becomes more integrated into the world economy, it urgently needs to improve the domestic business environment and to beef up indigenous industries for foreign competition.This volume is a collection of papers written by scholars at the East Asian Institute to address those problems during the period 1999OCo2001. The authors, with their knowledge and experience in China studies, provide in-depth observations and professional analyses of some of the most important issues for the Chinese economy at the turn of the century. Some of the observations and analyses lead to enlightening policy recommendations. The solid scholarship combined with the policy orientation of these papers will appeal greatly to researchers in academia, governments and other institutions. The policy-oriented and fact-based analyses will also be of interest to practitioners in business, including business consultants."

Download or read book Financial Reform and Economic Development in China written by James Laurenceson and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's prospects of successfully completing the transition to a market economy and becoming the world's largest economy during the 21st Century depend on the future sustainability of high rates of economic growth. This book is a comprehensive, balanced and realistic assessment of China's financial reform program and future direction. Covering not only the banking sector but also non-bank financial institutions, stock market development and external financial liberalization, the authors examine the impact of financial reform on economic development in China during the reform period. This volume will facilitate a more accurate assessment of the Chinese approach to financial reform, and will therefore allow more informed future policy choices for both China and other developing and transitional countries.

Download or read book How Far Across the River written by Nicholas Hope and published by Stanford University Press. This book was released on 2003-08-13 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gradual change has been a hallmark of the Chinese reform experience, and China's success in its sequential approach makes it unique among the former command economies. Since 1979, with the inception of the continuing era of reform, the Chinese economy has flourished. Growth has averaged nine percent a year, and China is now a trillion dollar economy. China has become a major trading power and the predominant target among developing countries for foreign direct investment. Despite all this, China remains poor and the reform process unfinished. This book takes its defining theme from Deng Xiaopeng's famous metaphor for gradual reform: “feeling the stones to cross the river.” How far has China progressed in fording the river? The experts who contributed to this volume tackle many aspects of that question, assessing Chinese progress in policy reform, priorities for further reform, and the research still needed to inform policymakers’ decisions.

Download or read book The Chinese State in the Era of Economic Reform written by Gordon White and published by Springer. This book was released on 1991-06-18 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: An assessment of the impact of the post-Mao market-orientated reforms in China on the Chinese state and its relations with economy and society. It investigates the political and social consequences of an economic strategy which aims to introduce markets into a centrally-planned socialist economy.

Download or read book China s State owned Enterprises written by Hong Sheng and published by World Scientific. This book was released on 2013 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.

Download or read book Growth Without Miracles written by Ross Garnaut and published by Oxford University Press, USA. This book was released on 2001 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's economic reform constitutes one of the most remarkable events of the second half of the 20th century. The volume offers 30 articles by prominent economists in the field of China studies to offer authoritative and through assessment and analyses of Chinas experience during the reform period.

Download or read book The Political Logic of Economic Reform in China written by Susan L. Shirk and published by Univ of California Press. This book was released on 2023-04-28 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chinese communist political institutions are more flexible and less centralized than their Soviet counterparts were. Shirk pioneers a rational choice institutional approach to analyze policy-making in a non-democratic authoritarian country and to explain the history of Chinese market reforms from 1979 to the present. Drawing on extensive interviews with high-level Chinese officials, she pieces together detailed histories of economic reform policy decisions and shows how the political logic of Chinese communist institutions shaped those decisions. Combining theoretical ambition with the flavor of on-the-ground policy-making in Beijing, this book is a major contribution to the study of reform in China and other communist countries. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1994. In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chine

Download or read book Understanding and Interpreting Chinese Economic Reform written by Jinglian Wu and published by Texere. This book was released on 2005 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading Chinese economist Jinglian Wu provides an insightful and comprehensive examination of China's strategy and implementation of its economic reform.

Download or read book The Reformability of China s State Sector written by Guanzhong James Wen and published by World Scientific. This book was released on 1997 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has achieved alarming success in accelerating the economic growth rate since it started economic reform about 16 years ago.However, its state sector is still running severe deficits. Even though its productivity might be improved since the reform started, its financial situation, nevertheless, has been worsening mainly as a result of increased competition from the rapidly expanding non-state sector. Therefore, the reform of this sector has become an urgent problem.All the papers collected in this book are closely related to the various issues that the reform of the state sector has to solve.Among the contributors are Professor Merton H Miller, a Nobel laureate and expert on firm finance and governauce, Mr Ji Lin, the vice president of the Chinese Academy of Social Sciences, Dr Justin Y Lin, the director of Center of China's Economic Research at Beijing University, Professor Gang Fan, the well-known Chinese Economist and vice director of the Institute of Economic Research at the Chinese Academy of Social Sciences, Professor Guoqiang Tian, an expert on mechanism design at Texas A & M University, and many other researchers and professors from China and the North America's research institutes and universities. Therefore, this book will be extremely useful and relevant to those economists as well as government decision-makers working in the field of the transitional economy.